mergermarket Releases H1 2012 Global M&A Round-Up of Legal Advisers
Highlights of the report include:
Global M&A in H1 2012 falls 21.6% compared to same period last year
• Q2 2012 total of US$ 494.9bn, reverses five consecutive quarterly declines
• Third-lowest first-half total since H1 2004
Clifford Chance tops global legal advisory league table by deal value for H1 2012
• Clifford Chance beats Freshfields Bruckhaus Deringer to top spot in legal financial advisers league table by deal value
• Skadden Arps Slate Meagher & Flom takes top spot in Asia-Pacific
mergermarket Heat Charts show TMT to be most popular “companies for sale” sector globally
• Industrials & Chemicals tops Asia-Pacific Heat Chart
• Germanic countries in Europe see similar popularity for Industrials & Chemicals
Asia-Pacific half-year M&A down 15.1% on H1 2011
• Second quarter total of US$ 71.1bn, up 3% on Q1 2012
• Asian investment into Europe experiences third consecutive quarterly decline
European M&A in the first half of 2012 down 15.7% on H1 2011
• Region accounts for 38.3% of global M&A by total value in H1 2012
• Construction sector sees biggest percentage increase in half-year value
US H1 2012 M&A activity lowest half-year total since 2003
• Half-year M&A totals US$ 258.7bn, down 40.1% on H1 2011
• Financial Services sees big decline while Consumer deals surge
Private equity buyouts in H1 2012 down by over a fifth on same period last year
• PE-backed buyouts total US$ 113.8bn for H1 2012, down 22.4% on H1 2011
• Asian buyouts slump to lowest quarterly total since Q2 2010
Private equity exits down 30% on H1 2011
• SBOs up 85.2% quarter-on-quarter
• US exit premiums at second-highest level in eight years
Energy, Mining & Utilities increases dominant market share in H1 2012
• Business Services, Construction, Consumer and Agriculture only four sectors globally to see increases in value
• Construction sector in Europe sees major jump
A fully copy of the report is available at: http://www.mergermarket.com/pdf/mergermarket_LA_MA_Round-upforH12012.pdf